Govt to back Jakarta-Bandung high-speed rail project despite cost overrun
The Chinese-Indonesian infrastructure project is grossly over budget, but a new regulation will allow the government to fund it.
Tata Sons win bid to acquire debt-laden, state-run Air India
The deal is expected to be completed by December this year.
China’s food delivery giant Meituan fined for monopolistic behaviour
Officials say Meituan abused its dominant market position to compel merchants to sign exclusive agreements with its platform.
India has adequate coal stock , says coal ministry
The country faces an energy crisis with coal stocks set to dwindle to an all time low.
China to bolster power, coal supplies
China to bolster power, coal supplies
TSMC leads pushback in Taiwan against Biden’s chip data bid
The US Commerce Department has asked companies in the semiconductor supply chain to fill out questionnaires by Nov 8 on the ongoing chip shortage.
Indonesia’s new overhauled tax law rushed through Parliament
The passage of the bill has been described as one of the hastiest deliberations in the country's history.
Grab buys Tokopedia’s, Lippo’s shares in OVO
Digital payment giant OVO confirmed the deal earlier this week.
Viet Nam to divest from six major enterprises by early 2022
The divestment is expected to fetch the government about US$652-870 million for the State budget.
Korean Air’s acquisition of Asian Airlines on a bumpy road
The takeover would give birth to one of the world’s ten biggest airlines.